Commercial Solar Blog

What’s a Solar REIT?

Posted by REC Solar on September 29, 2013

Recently, the IRS made a so-called “private letter ruling” that—under certain conditions—allowed solar equipment to be a “good asset” as part of a Real Estate Investment Trust (REIT.) While this ruling is promising news for financing commercial solar projects, it’s not the “Solar REIT” that solar finance people were hoping would be approved.

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A Solar Revolution in New York

Posted by REC Solar on September 26, 2013

Since Governor Cuomo launched his ‘NY-Sun’ initiative last year – seeking to quadruple the amount of customer-sited solar deployed in New York between 2011 and 2013 – businesses, homeowners and utilities have worked to install or develop nearly 300 megawatts of new solar. Indeed, more solar electric systems are being developed since ‘NY-Sun’ was launched in 2012 than in the entire prior decade combined.

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In Part 1 of Top U.S. States for Commercial and Large Scale Solar, we showed how sun potential and progressive solar policies in California, Colorado, and Hawaii made for an excellent environment for commercial solar today. In Part 2, we’ll look at policies in Georgia, New York, and the Mid-Atlantic states.

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If you’re a commercial business with a large plot of land or your location’s roof gets plenty of sun, should you install solar right now? Based on sunlight potential and state policies, there are several particularly favorable markets right now in the U.S. for commercial solar installations.

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Bolstering our case that commercial solar continues to expand even as direct subsides fade into the sunset, last week the California Public Utilities Commission released its annual progress report on the California Solar Initiative (CSI), showing huge growth across the state. Key findings:

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Most of us are familiar with the benefits solar power has on the environment and our electricity bills, but we don’t often stress the benefits of solar on the economy – and, more specifically, the job market.

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REC Solar is excited to be part of the SwitchEnergy Project, and its new film, which is screening from the U.S. to Australia this summer.

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What About the Subsidy?

Posted by REC Solar on June 24, 2013

“My house is solar powered. I tell Republicans, you can hate the subsidies – I hate the subsidies too – but you can’t hate solar panels. These are rocks that make electricity, so they are incapable of receiving your hate.”
– Rep. Thomas Massie (R-Kentucky)

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Time for a Solar Scavenger Hunt

Posted by REC Solar on June 12, 2013

With gigawatts of commercial and residential solar electric systems now online, solar is sprouting all over the U.S. This is a fantastic phenomenon – not only because record amounts of clean, solar energy are being used to power homes and businesses across the state, but also because the best solar marketers are happy solar customers.

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Community solar is a hugely-interesting and dynamic area of solar policy in 2013. Where they exist, such programs offer significantly-expanded access to clean energy’s many benefits. No roof required.

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